New TUM Training Model Slashes AI Energy Consumption Artificial Intelligence (AI) is rapidly becoming an integral part of various industries, from healthcare to finance. However, the exponential growth of AI applications has come at a cost – energy consumption. The surge in AI energy consumption poses significant sustainability concerns, prompting researchers to seek innovative solutions […]
Russia registers 600 crypto mining operators for tax monitoring
Russia Registers 600 Crypto Mining Operators for Tax Monitoring Russia has taken a significant step towards regulating the cryptocurrency mining industry by registering 600 mining operators for tax monitoring. This move comes at a time when the Russian government is considering imposing taxes on miners’ incomes, a decision that could have far-reaching implications for the […]
Russia claims crypto mining ban is easing Siberia’s power grid
Russia Claims Crypto Mining Ban is Easing Siberia’s Power Grid Russia recently made headlines by announcing a ban on cryptocurrency mining in an effort to alleviate the strain on its power grid. The decision was met with mixed reactions, with some applauding the government’s proactive approach to energy consumption, while others expressed concerns about the […]
DeepSeek’s impact on power demand remains uncertain in Japan
DeepSeek’s Impact on Power Demand in Japan: Analyzing the Uncertainties In the realm of energy consumption and power demand, technological advancements often play a pivotal role in shaping the future landscape. One such innovation that has been making waves in Japan is DeepSeek, a cutting-edge technology designed to optimize power usage and enhance energy efficiency. […]
Thai police seize nearly 1000 Bitcoin mining rigs
Thai Authorities Seize Close to 1000 Bitcoin Mining Rigs, Highlighting Regulatory Challenges In a recent turn of events, Thai police have confiscated nearly 1000 Bitcoin mining rigs as part of an ongoing crackdown on cryptocurrency mining operations. The seizure of these rigs sheds light on the regulatory hurdles associated with managing the substantial resource requirements […]
Russian Government Introduces Limits on Private Crypto Mining
The landscape of cryptocurrency mining in Russia has undergone significant changes with the government’s recent implementation of new regulations aimed at private miners. Effective from November 1, 2024, these measures impose a monthly energy consumption cap of 6,000 kWh for home-based cryptocurrency mining operations. This regulation comes as part of broader efforts to recognize mining […]